Promised land grabs could affect investor sentiment

Analysts have castigated the government for continuing to repossess land despite President Robert Mugabe saying that the government was going to respect property rights.

This comes after government announced that it was going to repossess land owned by ZSE listed African Distillers and 22 other white-owned farms.

Analysts have criticized the timing of the move saying it is ill-informed and will likely affect investment inflows.